KABBALA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KABBALA
Largest movements
- Receivables within one year +€95,392
up €95,392 (+219%), from €43,562 to €138,955
of which Trade receivables: +€93,675
- Tangible fixed assets +€3,252
up €3,252 (+2,636%), from €123 to €3,375
of which Furniture and vehicles: +€2,143
- Cash +€2,417
up €2,417 (+461%), from €524 to €2,941
mainly Trade debts (+€56,075) and Net result for the year (+€19,051)
- Trade debts +€56,075
up €56,075 (+184%), from €30,424 to €86,499
- Reserves +€19,051
up €19,051 (+233%), from €8,188 to €27,238
- Advances received +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€6,385
up €6,385 (+131%), from €4,859 to €11,244
of which Taxes: +€5,265
- Debts after one year +€4,533
new in 2025: €4,533
- Gross operating margin +€33,944
up €33,944 (+180%), from €18,879 to €52,823
- Staff costs +€13,764
up €13,764 (+117%), from €11,736 to €25,501
- Taxes +€3,970
up €3,970 (+253%), from €1,567 to €5,537
- Financial charges +€799
up €799 (+160%), from €498 to €1,297
of which Financial charges: +€428
- Depreciation +€773
up €773 (+230%), from €336 to €1,109
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,052 | €145,460 | +€100,408 | +223% |
| Fixed assets | 21/28 | €123 | €3,375 | +€3,252 | +2,636% |
| Tangible fixed assets | 22/27 | €123 | €3,375 | +€3,252 | +2,636% |
| Plant, machinery and equipment | 23 | - | €1,109 | +€1,109 | |
| Furniture and vehicles | 24 | €123 | €2,266 | +€2,143 | +1,737% |
| Current assets | 29/58 | €44,929 | €142,085 | +€97,157 | +216% |
| Amounts receivable within one year | 40/41 | €43,562 | €138,955 | +€95,392 | +219% |
| Trade receivables | 40 | €40,684 | €134,359 | +€93,675 | +230% |
| Other amounts receivable | 41 | €2,878 | €4,596 | +€1,718 | +59.7% |
| Cash at bank and in hand | 54/58 | €524 | €2,941 | +€2,417 | +461% |
| Deferred charges and accrued income | 490/1 | €843 | €190 | -€653 | -77.5% |
| Total equity and liabilities | 10/49 | €45,052 | €145,460 | +€100,408 | +223% |
| Equity | 10/15 | €9,188 | €28,238 | +€19,051 | +207% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,188 | €27,238 | +€19,051 | +233% |
| Distributable reserves | 133 | €8,188 | €27,238 | +€19,051 | +233% |
| Amounts payable | 17/49 | €35,864 | €117,222 | +€81,358 | +227% |
| Amounts payable after more than one year | 17 | - | €4,533 | +€4,533 | |
| Financial debts | 170/4 | - | €4,533 | +€4,533 | |
| Amounts payable within one year | 42/48 | €35,864 | €112,588 | +€76,724 | +214% |
| Current portion of amounts payable after more than one year | 42 | - | €2,845 | +€2,845 | |
| Trade debts | 44 | €30,424 | €86,499 | +€56,075 | +184% |
| Suppliers | 440/4 | €30,424 | €86,499 | +€56,075 | +184% |
| Advances received on contracts in progress | 46 | - | €12,000 | +€12,000 | |
| Taxes, remuneration and social security | 45 | €4,859 | €11,244 | +€6,385 | +131% |
| Taxes | 450/3 | €3,247 | €8,512 | +€5,265 | +162% |
| Remuneration and social security | 454/9 | €1,613 | €2,732 | +€1,119 | +69.4% |
| Other amounts payable | 47/48 | €581 | - | -€581 | |
| Accrued charges and deferred income | 492/3 | - | €101 | +€101 | |
| Non-recurring operating income | 76A | - | €5,995 | +€5,995 | |
| Remuneration, social security and pensions | 62 | €11,736 | €25,501 | +€13,764 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €1,109 | +€773 | +230% |
| Other operating charges | 640/8 | €132 | €540 | +€408 | +310% |
| Gross operating margin | 9900 | €18,879 | €52,823 | +€33,944 | +180% |
| Operating profit (loss) | 9901 | €6,675 | €25,674 | +€18,999 | +285% |
| Financial income | 75/76B | €20 | €210 | +€190 | +946% |
| Recurring financial income | 75 | €20 | €210 | +€190 | +946% |
| Financial charges | 65/66B | €498 | €1,297 | +€799 | +160% |
| Recurring financial charges | 65 | €498 | €926 | +€428 | +86.0% |
| Non-recurring financial charges | 66B | - | €371 | +€371 | |
| Profit (loss) for the period before taxes | 9903 | €6,197 | €24,588 | +€18,391 | +297% |
| Income taxes | 67/77 | €1,567 | €5,537 | +€3,970 | +253% |
| Profit (loss) for the period | 9904 | €4,630 | €19,051 | +€14,421 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €4,630 | €19,051 | +€14,421 | +311% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.